The reasons why the United States provided loans for the Latin American countries after they gained independence from Spain were mostly of economic and political interests.
By providing loans to these newly formed nations, the United States tried to create a positive opinion by the people in these nations about them, as they would have thought that the United States are helping them to develop. The real reason why the loans were granted though was to make these nations economically dependent and connected with the United States, thus the United States to have big power over them. Also, because this is a region in the neighborhood of the United States, they wanted to make sure that they would have things under control, create good relations with these nations, and avoid any future problems.
Absolute Monarchy is a king or queen who believed that all power within their state's boundaries rested in their hands. They ruled without limits. Louis XIV was a perfect example because with his court central to French political and cultural life during his reign.
hope this helped, God bless!